v3.25.2
Equity (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Warrants Issued and Outstanding

Warrants issued and outstanding in connection with above Lind convertible notes as of June 30, 2025, and their activities during the six-month period ended are as follows:

 

   Number of
Underlying
Shares
   Weighted-
Average
Exercise
Price
Per Share
   Weighted-
Average
Contractual
Life
Remaining
in Years
   Aggregate
Intrinsic
Value
 
Outstanding as of January 1, 2025   2,029,167   $0.0*   4.20   $195,542 
Issued   
-
    
-
    
-
    
-
 
Exercised   (1,029,167)  $0.40    
-
    
-
 
Outstanding as of June 30, 2025   1,000,000   $0.40    3.89   $1,825,000 

 

* On January 5, 2025, the Company and Lind entered into a third letter agreement (the “December Letter Agreement”), pursuant to which Lind agreed to exercise for cash, 1,029,167 of the Existing Warrants to purchase shares of Common Stock, with a current exercise price of $0.75 per share, at a reduced exercise price of $0.40 per share. The weighted average exercise price per share as of December 31, 2024 was adjusted to the reduction accordingly.